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In this video, I’m breaking down the different tax classifications available for your LLC—and how to know which one is right for you.
Most people set up their LLC without realizing that choosing the wrong tax status can cost them thousands in unnecessary taxes or missed opportunities.
💡 We’ll cover disregarded entity, partnership, S corporation, and C corporation—and how your business activity, ownership structure, and income goals should guide your decision.
Your LLC doesn’t automatically come with the best tax setup. But once you understand how each status works, you’ll be able to choose the most strategic option to minimize taxes and maximize flexibility.
🔔 Stay ahead of the curve. Subscribe for cutting-edge insights on real estate investing, business strategies, and more!
Show Notes:
0:00 Intro
0:48 Tax Elections For LLC
3:59 Disregarded Tax Status
6:58 Partnership Tax Status
10:35 S-Corp Tax Status
12:30 C-Corp Tax Status
15:46 Outro
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FREE TAX & ASSET PROTECTION WORKSHOP
Register for an upcoming workshop today to protect your business and personal assets from snoopy lawyers, creditors, or even greedy people out to make a quick buck who want to take advantage of YOU. 👉 Save Your Seat: https://aba.link/94e39e
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FINANCIAL PLANNING & RESOURCES
Download your free copy of Un-Tax Yourself eBook and discover the secret to real estate wealth is in the tax deductions. https://aba.link/1gd
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For financial strategies, podcasts, articles, and details on upcoming workshops, visit https://aba.link/clintaba
Here’s a little about me and my book Asset Protection for Real Estate Investors
https://aba.link/clintbio
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CONTACT US
Phone: 800.706.4741
Email: info@andersonadvisors.com
Fax: 702.664.0545
ABOUT CLINT COONS
Clint Coons, Esq. has grown his legal and tax firm to over 400 employees by assisting real estate investors with creating and implementing solid entity structuring plans. His success in these regards is in large part due to his personal investing experience. A successful attorney, real estate investor, and speaker, Clint has used his innovative and dynamic strategies coupled with knowledge borne from experience to help thousands of people save millions of dollars and build real wealth.
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The information provided in this video should not be construed or relied on as legal advice for any specific fact or circumstance. Its content was prepared by Anderson Business Advisors with its main office at 3225 McLeod Drive Suite 100 Las Vegas, Nevada 89121. This video is designed for entertainment and information purposes only. Viewing this video does not create an attorney-client relationship with Anderson Business Advisors or any of its lawyers. You should not act or rely on any of the information contained herein without seeking professional legal advice.
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